The Booth Company's Sales Are Forecasted To Double From $1000. The Booth Company’s sales are forecasted to double from $1000 in 2010 to $2000 in 2011 Here is the December 31 2010 balance sheet Booth’s fixed assets were used to only 50% of capacity during 2010 but its current assets were at their proper levels in relation to sales.

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Problem 126 Additional Funds Needed The Booth Company’s sales are forecasted to double from $1000 in 2016 to $2000 in 2017 Here is the December 31 2016 balance sheet Cash Accounts receivable Inventories Net fixed assets $ 50 150 50 400 100 250 $1000 100 200 200 500 Accounts payable Notes payable Accruals Longterm debt Common stock Retained.

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The Booth Company’s sales are forecasted to double from $1000 in 2019 to $2000 in 2020 Here is the December 31 2019 balance sheet Cash $ 100 Accounts payable $ 50 Accounts receivable 200 Notes payable 150 Inventories 200 Accruals 50 Net fixed assets 500 Longterm debt 400 Common stock 100 Retained earnings 250 Total assets $1000 Total liabilities and.

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1 Additional Funds NeededThe Booth Company’s sales are forecasted to double from $1000 in 2012 to $2000 in 2013 Here is the December 31 2012.

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The Booth Company’s sales are forecasted to double from $1000 in 2012 to $2000 in 2013 Here is the December 31 2012 balance sheet Cash $ 100 Accounts payable $ 50 Accounts receivable 200 Notes payable 150 Inventories 200 Accruals 50 Net fixed assets 500 Longterm debt 400 Common stock 100 Retained earnings 250.

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1 Additional Funds Needed The Booth Company’s sales are forecasted to double from $1000 in 2012 to $2000 in 2013 Here is the December 31 2012 balance sheet Cash $ 100 Accounts payable $ 50 Accounts receivable 200 Notes payable 150 Inventories 200 Accruals 50 Net fixed assets 500 Longterm debt 400 Common stock 100 [].